Luxury goods multinational LVMH has seen its travel retail business, DFS Group, maintained growth in the last year, despite having to absorb ‘significant cost containment’, due to a turbulent market in Asia.
Shiseido, Japanese beauty giant, has been enjoying robust share prices over the recent period, riding on a wave of increased tourist spending.
The Philippines is looking to bolster its halal industry, and has introduced various new bills to encourage the manufacture, accreditation and trade of domestically produced halal products.
Avon results show a big drop in sales on the back of currency translations and tax costs, leading net profits to come in below market expectations.
This evening at 7:45pm, Michelle Makori, the NYC-co anchor for CCTV-AMERICA will be interviewing me about the biggest trends in the global cosmetics market and what's happening across markets worldwide.